Pot stocks are on fire todayWeed stocks are running red hot today, with the shares of Canopy Growth Corp (NYSE:CGC), Cronos Group Inc (NASDAQ:CRON), and Tilray Inc (NASDAQ:TLRY) all notably higher. While no specific catalyst has been identified, it's possible short sellers may be covering their massive positions on the three names. Whatever the reason, the price action has options traders in overd...Read More

The Dow and S&P are pacing for a second straight day in the redStocks are struggling for upside today amid lackluster trading ahead of the New Year's holiday tomorrow. The Dow Jones Industrial Average (DJI), S&P 500 Index (SPX), and Nasdaq Composite (IXIC) were all last seen nursing modest losses, as the former two indexes eye a second straight down day while it would be a third straight loss for...Read More

The stock has averaged the worst January loss on the S&P over the last 10 yearsThe U.S. stock market is set to wrap up the year with big monthly and annual gains, with the S&P 500 Index (SPX) pacing toward returns of 2.6% for December and 28.6% for 2019. Looking ahead to 2020, bulls may want to take a closer look at streaming giant Netflix (NFLX), which has been one of the best stocks to own in Ja...Read More

Analysts have cheered NVDA's recent run higherFew stocks have benefited from the trade tailwinds as much as chipmaker Nvidia Corporation (NASDAQ:NVDA), and the shares are in focus again today thanks to another bull note. This time it was Benchmark that weighed in, raising its price target to $275 from $240. This doesn't quite represent record-high territory for the shares, as they traded up to $29...Read More

Three brokerages have trimmed their price targets in responseOne of the worst stocks on the New York Stock Exchange (NYSE) today is Core Laboratories N.V. (NASDAQ:CLB). The oil name is down 20% to trade at $38.05, at last check, after the company trimmed its fourth-quarter estimates, its 2020 first-quarter forecast, and its quarterly dividend. At least four brokerages have issued price-target...Read More

Looking at stocks that have been added and removed from the NDXThe Nasdaq-100 Index (NDX) is made up of the largest non-financial companies. They recently carried out their annual rebalancing, adding six companies and removing six. The tables below show the six additions and removals, along with their 2019 returns and analyst buy percentages, according to Zacks. It turns out this is a good indicat...Read More

The credit card concern has been one of the best Dow stocks in 2019It's been an outstanding year for Apple (AAPL), which entered 2019 nursing the proverbial wounds of a bruising sell-off in the fourth quarter of 2018 that sent the tech giant's market cap back below the trillion-dollar level. The stock has spent the past 12 months sprinting higher, and is not only set to end the calendar year boast...Read More

All three benchmarks are wrapping up a year of big gainsIn the wake of the market pullback yesterday, Dow Jones Industrial Average (DJI) futures are drifting below fair value on the last trading day of the year and decade. Futures on the S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) have also slipped into the red, taking a final breather on a banner year of gains across the board. In geopolitica...Read More

Morgan Stanley just took an 8.8% passive stake in resTORbioPharmaceutical concern resTORbio Inc. (NASDAQ:TORC) is eyeing its biggest one-day percentage gain in over a month this morning, following news that Morgan Stanley took an 8.8% passive stake in the company. The stock is up 10.5% ahead of the bell in response, set to break out above recent consolation near the $1.25 area. Prior to a mid-Nov...Read More

- Dave KranzlerI'm growing more confident that we're on the cusp of a big move higher in the precious metals sector because of the Fed's massive money printing. Also, because the money printing and near zero interest rates are visibly not stimulating economic growth, we're at the point at which unless the Fed continues increasing the amount of money it puts into the system, the melt-up in the...Read More

By: Ira EpsteinGold is bullish -- but the bullish crossover hasn't occurred yet, but I would not be surprised this occurs in early January. Longer-term traders are going to look at the gold chart favorably..https://www.iraepstein.com/Read More

Trend for gold and silver is very bullish. It is just a technical trade. I do not think that events in Middle east has any bearing to current firmness in gold and silver price rise. There is short covering at the moment. Gold price in almost every nation is at a historical high. I do not think 2019 returns in gold and in Asian currencies will be repeated over the next few years. 2020 gold return...Read More

GOLD COT REPORTS WERE DELAYED DUE TO THE HOLIDAYS: Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 364,31058,658122,022203,204543,600689,536724,280 Change from Prior Reporting Period 19,8174407,85777222,54928,44630,846 Traders 22660805653308173 Small Speculators LongShortOpen Interest 59,20124,457748,737 3,304...Read More

Fastmarkets reviews how much of the EU safeguarding import quota allowances for hollow sections has been used and by who, with an estimation of when they will be exhausted country by country at the current usage rates. Read More

A summary of base metals premiums from across the globe for the week to Tuesday December 31.Click on the above image...Read More

Small losses were seen across most of the London Metal Exchange base metals complex on the last trading day of 2019, with only tin bucking the trend. The LME three-month aluminium price dropped by $6 on Tuesday December 31 to close at $1,810 per tonne. "Cancelations have been the story for the past week, but the price doesn't care," an aluminium trader told Fastmarkets. "Into 2020, there...Read More

- Dave KranzlerI'm growing more confident that we're on the cusp of a big move higher in the precious metals sector because of the Fed's massive money printing. Also, because the money printing and near zero interest rates are visibly not stimulating economic growth, we're at the point at which unless the Fed continues increasing the amount of money it puts into the system, the melt-up in the...Read More

By: Avi Gilburt As a student of market history, I always find it interesting, and even sometimes quite comical, how certain fallacies about markets are continually propagated by investors and analysts alike. Throughout my career in writing about metals, I have tried to bring many of these to light, and explain why so many of the fallacies should be ignored.The latest in the string of fallacies...Read More

Jason Burack interviewed returning guest, Cornell organic chemistry professor, Libertarian and fan of the Austrian School Economics and value investing, Dave Collum https://twitter.com/DavidBCollum, about his 2019 year review and 2020 preview report.Each year, Dave takes an enormous amount of time compiling articles, research and analysis for his extensive "Year in Review" which he has now bee...Read More

By: Ira EpsteinGold is bullish -- but the bullish crossover hasn't occurred yet, but I would not be surprised this occurs in early January. Longer-term traders are going to look at the gold chart favorably..https://www.iraepstein.com/Read More